In the early AM hours on December 9, an attention-grabbing tweet popped up in the Twitter feed for Production Weekly: "James Cameron is developing a Shane Salerno-scripted sci-fi action script for Fox, described as an "event" film set in the future." Speculation immediately ran wild that said project was "Doomsday Protocol," a pitch Salerno sold to Fox last year that was described as being a sort of space-based take on Akira Kurosawa's "The Seven Samurai."

It turns out that this is not the case. MTV News' Josh Horowitz spoke with Cameron and producer Jon Landau on the red carpet at the London premiere of "Avatar," and the project in question has nothing to do with space-age samurai. The actual plan is to remake sci-fi classic "Fantastic Voyage," in 3-D, with Cameron taking on the role of producer.

In the original, a small team attempts to save the life of a nearly-assassinated diplomat through a uniquely invasive surgical procedure. The magic of science allows the doctors to be shrunken down to microscopic size and injected into the ailing diplomat's body. Piloting a specialized submersible craft -- also tiny -- the team attempts to repair with the diplomat's condition -- a blood clot in his brain -- on a cellular level.

The original hit theaters in 1966, long before digital effects were a factor in Hollywood filmmaking. One can only imagine how cool (and gooey) the diplomat's computer generated innards could be made to look with today's techniques. Add 3-D to that mix and... well... count me as excited. Stay tuned to MTV.com for additional updates... more to come when the Movies team returns from their trip across the Atlantic.

Have you seen the original "Fantastic Voyage"? What are your hopes for this remake, particularly now that we know Cameron is involved?